11243 Corte Isabelino

11243 Corte Isabelino

D

Carmel Valley, CA 92130

$2,150,000

Soft Appraisal Value: $2,146,900 · 0.1% above estimate

Beds

4

Baths

2.5

Sqft

2,182

Year Built

2000

Days on Market

33

Property Type

Single Family

HOA/mo

$27

MLS ID

260003978SD

View on MLS

Description

Welcome to The Sands Plan 2! This property features 3 bedrooms plus an office, which could be used as a 4th bedroom. It has been beautifully updated and is ready for you to move in! Situated on a corner lot with southern exposure, this home enjoys an abundance of natural light. Enjoy recent upgrades throughout the home, including a remodeled kitchen completed three years ago, plus new flooring, an upgraded master bathroom, and a newer A/C system installed last year. Award-winning Ocean Air Elementary, CVMS, and TPHS or CCA high. Only $26/mth HOA. Just minutes from Del Mar beach, freeway, parks, recreation centers, and top-tier shopping destinations.

Mortgage Calculator

Est. Monthly Payment

$13,676

Principal & Interest$10,872
Property Tax$2,150
Insurance$627
HOA$27
%($430,000)
%

Investment Score

0D
Est. Monthly Rent
$5,284
Monthly Cashflow

Rent − PITI − HOA

$-8,392
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,399

Mortgage (P+I)
$10,872
Cap Rate
-0.29%
Cash-on-Cash
-23.42%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.39
Break-even Rent
$13,676

NOI (Annual)
$-6,324
Price-to-Rent

Lower = better for investors

33.9

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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